Reasons to remain bullish on AI stocks and careful in some financial names: Strategist
David Nelson,chief strategist at Belpointe Asset Management, joins BNN Bloomberg to discuss the bear VS. the bull debate. Nelson says AI willl affect every industry and remains very bullish in names like AMD. He is also looking at an ETF like Invesco’s S&P 500 Equal Weight. He advises caution on smaller, regional bank as there could be more downside. He likes JP Morgan.
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